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Blog Posts in November, 2010

The Season for Charitable Trusts

Now that we are nearing the holidays, the taxable year is also coming to a close. This may also be a time that people think to reduce their taxable income. One way to reduce the amount of taxes you ...
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How Your Estate Plan can take care of Dependent Parents

There are many ways to care for your parents as they enter their twilight years. You may chose to assist your parents by setting up a living trust , and name yourself as trustee to manage your ...
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Estate Planning is a Family Affair

One of the primary purposes of estate planning is to provide for the entire family. With that in mind, some families consider setting up Family Pot Trusts. A Family Pot Trust is a trust that places ...
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Should YOU Consider a Living Trust?

Often times you will hear people refer to the terms Inter Vivos Trust and Testamentary trust when they are trying to set up an estate plan. Currently, the trend in estate planning has been to set up ...
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Make a List of YOUR Assets to Plan Ahead

The first thing you need to do to prepare for your estate plan is to make a list of your known assets. You should take an inventory of all your assets and determine how you would like them distributed ...
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How do YOU define Issue?

In November 2010, the California Court of Appeals ruled on whether a grandparent's trust intended to include their grandchild pursuant to the definition of "issue' in their trust. Charles and Serene ...
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Draft your Trust to Include ALL Intended Beneficiaries

If you are considering an estate plan to ensure that your children and grandchildren are taken care of, you must plan for all possibilities. Many grandparents want the opportunity to take care of any ...
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Consider Charity

With the end of the tax year coming up, many people are starting to think about how to reduce their taxes and maximize their tax refund for 2010. One way that people have found to reduce taxation is ...
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Capacity in California Continued

In yesterday's blog, we discussed how capacity affects a person's ability to execute a will in California. Pursuant to California Probate Code section 811 a determination that a person lacks the ...
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Capacity in California Continued

In yesterday's blog, we discussed how capacity affects a person's ability to execute a will in California. Pursuant to California Probate Code section 811 a determination that a person lacks the ...
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Determining Capacity

In yesterdays' blog we determined situations where capacity can be an issue for someone looking to draft a will. In fact, for that reason, California has established very specific guidelines for ...
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Capacity in California

As attorneys who advise clients day to day on estate planning, one real concern we have is establishing capacity when drafting a will. The concern of capacity becomes more present when dealing with ...
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